James Hannam, an Associate at Freshfields Bruckhaus Deringer LLP, assesses the tax effect of the proposed changes to the Capital Requirements Directive
James Hannam an Associate at Freshfields Bruckhaus Deringer LLP assesses the tax effect of the proposed changes to the Capital Requirements Directive
Many perfectly profitable companies have collapsed simply because they ran out of cash. For a bank where money is its stock in trade making sure that it has enough of it to keep trading is even more important. We have been constantly reassured that Northern Rock which we now all own a part of was profitable and solvent. Its embarrassment was caused purely by a lack of readies.
The trouble with being financed by debt as Northern Rock found is that you...
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James Hannam, an Associate at Freshfields Bruckhaus Deringer LLP, assesses the tax effect of the proposed changes to the Capital Requirements Directive
James Hannam an Associate at Freshfields Bruckhaus Deringer LLP assesses the tax effect of the proposed changes to the Capital Requirements Directive
Many perfectly profitable companies have collapsed simply because they ran out of cash. For a bank where money is its stock in trade making sure that it has enough of it to keep trading is even more important. We have been constantly reassured that Northern Rock which we now all own a part of was profitable and solvent. Its embarrassment was caused purely by a lack of readies.
The trouble with being financed by debt as Northern Rock found is that you...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
